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Trader Dale - daily trading levels

  • #7,761
  • May 18, 2017 3:43pm May 18, 2017 3:43pm
Quoting HappyMe
{quote} Well 1.1090 on the EURUSD was a bad level.....I must never do that again....change a value during the day!! Yesterday evening I had the 1.1075 and changed it today towards 1.1090 => bad decision 12 pips SL was hit.
And 1.1075 was missed by 1.1 pip. Mine was 1.1073 which is even further out. Whatta day...
  • #7,762
  • May 18, 2017 3:49pm May 18, 2017 3:49pm
Quoting DrBeercan
{quote} That's a shame, might I suggest, I use a strength meter and a Supply and Demand zones to tell me if I am heading in the right direction. Allows me to widen my SL and TP... but when I chose the right level and not making a snap view whilst at work :-( The few times I have had time to do this at home has always created great results. Haven't posted them as am not very consistent in recording my trades. It might be worth a view and give you that second edge? Though I think from your posts you are trying to generate an EA to do the work for...
Thanks...I will look at that. Firstly I want to finish that EA.
The idea is: the Human is looking for the entrylevels and the EA is managing the trades, SL, TP, BE RedNews Window
You can manage risk, but you can't manage the return
  • #7,763
  • May 18, 2017 3:51pm May 18, 2017 3:51pm
Quoting fxdude1
{quote} And 1.1075 was missed by 1.1 pip. Mine was 1.1073 which is even further out. Whatta day...
Indeed what a day....

For my I had:
4 trades, 2 SL, 2TP an one BE with a dayresult of -4pips
You can manage risk, but you can't manage the return
  • #7,764
  • May 18, 2017 4:01pm May 18, 2017 4:01pm
Quoting HappyMe
{quote} Thanks...I will look at that. Firstly I want to finish that EA. The idea is: the Human is looking for the entrylevels and the EA is managing the trades, SL, TP, BE RedNews Window
Maybe you mentioned it before but why donīt you use Sevanīs EA? Is it beause you donīt trust that ex4 file?
  • #7,765
  • May 18, 2017 4:22pm May 18, 2017 4:22pm
Quoting majrou666
{quote} Maybe you mentioned it before but why dont you use Sevans EA? Is it beause you dont trust that ex4 file?
Yep...unfortunatly he doesn't want to show me the code. Because I want to know what I'm doing and what I trade I don't want to use it!

Anyway....I'm already far with this EA...
You can manage risk, but you can't manage the return
  • #7,766
  • May 18, 2017 4:25pm May 18, 2017 4:25pm
Quoting Divergence
heres what it looks like trading yesterdays profile for today trade setups HVN stands for high volume nodes {image}
One of the best posts on this thread
Plan, Prepare, Execute, Repeat
  • #7,767
  • Edited 4:52pm May 18, 2017 4:25pm | Edited 4:52pm
Well as I mentioned the last session wasn't a great succes:

4 Trades: 2 SL ; 2TP ; 1BE (result of the day -4 pips)

Hopes the next session goes better ....

Here are my levels any comment is welcome!!

ps: don't follow my tradelevels blind, I'm still learning
Attached Image
You can manage risk, but you can't manage the return
  • #7,768
  • May 18, 2017 4:33pm May 18, 2017 4:33pm
Quiet day. Most of my levels hit last night before the US session today.

2 trades for -24 today.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 49 KB
  • #7,769
  • May 18, 2017 5:22pm May 18, 2017 5:22pm
Quoting HappyMe
{quote} Well 1.1090 on the EURUSD was a bad level.....I must never do that again....change a value during the day!! Yesterday evening I had the 1.1075 and changed it today towards 1.1090 => bad decision 12 pips SL was hit.
I think 1.1090 (I had 1.10915) was a good level, the problem is that it's been triggered in a moment of madness (if you look at other pairs, S&P, gold$silver, everything gone mad at the same time)

1.1075 was a better level, unlucky tested for a few pips...
  • #7,770
  • May 18, 2017 5:33pm May 18, 2017 5:33pm
Today's result 4 trades - 2 SL during red news, 1 TP (AUDUSD) , 1 BE.
Here is my levels for tomorrow session:
Attached Image
  • #7,771
  • Edited 2:42am May 19, 2017 2:18am | Edited 2:42am
Quoting HappyMe
Well as I mentioned the last session wasn't a great succes: 4 Trades: 2 SL ; 2TP ; 1BE (result of the day -4 pips) Hopes the next session goes better .... Here are my levels any comment is welcome!! ps: don't follow my tradelevels blind, I'm still learning {image}
First trade of the day on AUDUSD ended in a BE
Attached Images
You can manage risk, but you can't manage the return
  • #7,772
  • Edited 2:55am May 19, 2017 2:41am | Edited 2:55am
Quoting HappyMe
Well as I mentioned the last session wasn't a great succes: 4 Trades: 2 SL ; 2TP ; 1BE (result of the day -4 pips) Hopes the next session goes better .... Here are my levels any comment is welcome!! ps: don't follow my tradelevels blind, I'm still learning {image}
Second trade at EURUSD of today....a full SL (-12Pips):

I don't see a reaction here, it's just a steady upwards move....
Have to look what I did wrong here.

btw: my EA is now performing oke...both trades placed and adjusted as correct and as expected
Hope I have time to create and activate the BE option today or in the coming weekend (still need to program that part..)
Attached Images
You can manage risk, but you can't manage the return
  • #7,773
  • May 19, 2017 2:47am May 19, 2017 2:47am
Quoting HappyMe
{quote} First trade of the day on AUDUSD ended in a BE {image} {image}
Here's my view on that level. Both the strength meter and Supply and Demand zones are quite active. I see it went down 5 pips before heading up again. Great call to close out at BE.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 91 KB
Take 1 step forward, two small steps back
  • #7,774
  • May 19, 2017 3:52am May 19, 2017 3:52am
Quoting HappyMe
{quote} Second trade at EURUSD of today....a full SL (-12Pips): I don't see a reaction here, it's just a steady upwards move.... Have to look what I did wrong here. btw: my EA is now performing oke...both trades placed and adjusted as correct and as expected Hope I have time to create and activate the BE option today or in the coming weekend (still need to program that part..) {image} {image}
Thirth trade of the day.... mhhhh it's gonne be a bad day with my levels.....

again a full SL at AUDUSD (-12Pips)
Attached Images
You can manage risk, but you can't manage the return
  • #7,775
  • Edited 4:11am May 19, 2017 3:56am | Edited 4:11am
Quoting HappyMe
{quote} Thirth trade of the day.... mhhhh it's gone be a bad day with my levels..... again a full SL at AUDUSD (-12Pips) {image} {image}
And the fourth trade at ERUSUD level 1.1161 was just not triggered...actually it needed to....strange.......the level was 1.1161 and Last High was also 1.1161...what went wrong here?! (Has this something to do with ASK end BID, I think....! )

I count thid trade a TP (+12Pips)..... but not triggered in my EA (have to correct this behavior....)
Attached Images
You can manage risk, but you can't manage the return
  • #7,776
  • May 19, 2017 4:32am May 19, 2017 4:32am
For me the $ has been weak today. I did a successful scalp this morning on UJ, just about got that in and had 10 pips. It is beginning to turn and recover. But in general over the months I have found Fridays to be a low volume day so levels went either way. But for me trading levels needs a second factor to be successful.

Hope your next trades are more successful HappyMe :-)
Take 1 step forward, two small steps back
  • #7,777
  • May 19, 2017 4:32am May 19, 2017 4:32am
Quoting HappyMe
{quote} Thirth trade of the day.... mhhhh it's gonne be a bad day with my levels..... again a full SL at AUDUSD (-12Pips) {image} {image}
I had 0.7451 but it was used yesterday night during Red news, so I think this area was already used; also against these big spike there's less to do...Now I have a short @0.7473 but I am considering to cancel it, the spike went 3.5 pips then retraced a lot....
  • #7,778
  • May 19, 2017 4:50am May 19, 2017 4:50am
Quoting Iena
{quote} I had 0.7451 but it was used yesterday night during Red news, so I think this area was already used; also against these big spike there's less to do...Now I have a short @0.7473 but I am considering to cancel it, the spike went 3.5 pips then retraced a lot....
0.7473? I can't see that as being hit recently? Did you mean 0.7437? For me that is right in the middle of a range day that is happening today. You might be lucky..
Take 1 step forward, two small steps back
  • #7,779
  • May 19, 2017 4:59am May 19, 2017 4:59am
Quoting DrBeercan
{quote} 0.7473? I can't see that as being hit recently? Did you mean 0.7437? For me that is right in the middle of a range day that is happening today. You might be lucky..
It's an old level from 3rd May, price went only 3.5 pips near it, but I canceled it, I don't like the movement it made earlier, there is also another one a bit higher 0.7487
Attached Image (click to enlarge)
Click to Enlarge Name: audusd1.jpg Size: 235 KB
  • #7,780
  • May 19, 2017 5:07am May 19, 2017 5:07am
Quoting Divergence
heres what it looks like trading yesterdays profile for today trade setups HVN stands for high volume nodes {image}
Ah very good
So many in the Commercial section want to make me rich! :o
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